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NCUA Starts to Post Rates from Converted CUs

ALEXANDRIA, Va. -- NCUA has started posting different savings and loan rates from credit unions, banks and banks which have converted their charters from credit unions.

By David Morrison | Updated on June 27, 2008

ALEXANDRIA, Va. — NCUA has started posting different savings and loan rates from credit unions, banks and banks which have converted their charters from credit unions.

The data, which is presented quarterly, is compiled by DATATRAC, Inc. for the agency. It includes average rates for 23 different savings and loan products which is drawn from all banks and credit unions nationwide and 26 of the banks around the country which used to be credit unions, had a credit union merge into them or acquired a bank that had converted from or merged with a credit union.

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